All Shoe Intelligence articles in Volume 15, Issue 12-13 – Page 5
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Short stops
Supra, the fast-growing American brand of skate and skate-inspired shoes,...
Supra, the fast-growing American brand of skate and skate-inspired shoes, has launched a new sub-brand, Spectre by Supra, in collaboration with Lil Wayne, a popular American hip-hop singer
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News briefs
Aldo confirms that its wholesale division, Aldo Product Services, has...
Aldo confirms that its wholesale division, Aldo Product Services, has signed a global licensing agreement for Shellys, the iconic British label of young fashion footwear, as reported in Drapers. An official of the company points out that it will not use the brand for sales in its Aldo and Call ...
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News briefs
Esprit has issued a profit warning after disappointing results in...
Esprit has issued a profit warning after disappointing results in their third quarter. Sales fell by 7.9 percent to 6.7 billion Hong Kong dollars (€672.4m-$863.1m) in the quarter ended March 31, with retail revenues down 7.1 percent and wholesale revenues declining by 8.8 percent. The Hong Kong-based fashion firm says that one-off ...
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Aeffe, the parent company of Pollini, Moschino and Alberta Ferretti,...
Aeffe, the parent company of Pollini, Moschino and Alberta Ferretti, reports a 6.1 percent increase in net income to €2 million for the first quarter, despite a 0.6 percent decline in revenues to €73 million and a lower operating profit (Ebitda) of €9.5 million. Geographically, sales fell by 2.1 percent ...
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Berluti is launching its first international advertising campaign, featuring Jeremy...
Berluti is launching its first international advertising campaign, featuring Jeremy Irons in an English club and Pierre Casiraghi in Monte Carlo
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News briefs
Amazonas, the big Brazilian supplier of soles, adhesives and other...
Amazonas, the big Brazilian supplier of soles, adhesives and other components and chemicals for rubber sandals and other products, has decided to build a factory in Argentina, with an investment of US$8.5 million. Located at Las Flores near Buenos Aires, it is planned to generate a monthly turnover at full ...
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News briefs
Fratelli Rossetti has launched a virtual store, addressing first European...
Fratelli Rossetti has launched a virtual store, addressing first European customers. It will accept orders from the U.S., the Middle East and Asia at a later stage. With the help of images and videos, the website promotes the brand and tells its history.
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Article
The French sell more abroad, import less
Footwear consumption is expected to increase by 5 percent in France between 2012 and 2015, according to a recent study by Xerfi-Precepta, and this will be made possible in part by online retailing. Sales over the internet represented 11 percent of the French footwear market last year, and they are ...
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Article
Lower retail profits for Jones Group at home and abroad
The Jones Group has reported a deterioration in the profitability of its international businesses for the three months ended last April 6, especially at retail. The company said they were negatively impacted by economic conditions and by cold weather, especially in Europe.The company's international retail operations are led by Kurt Geiger. ...
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Article
R.G. Barry’s profit surges 85%, but footwear sales decline
R.G. Barry Corporation, the parent of Dearfoams and other brands of footwear and accessories, reported an 84.8 percent increase in net profit to $1.5 million in the third quarter ended March 30, buoyed by its accessories segment. Consolidated sales reached $25.8 million, up 2.7 percent over the third quarter a ...
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News briefs
A U.S. federal judge has approved a proposed $40 million...
A U.S. federal judge has approved a proposed $40 million settlement of a class action suit brought by American consumers against Skechers USA for misleading advertising of the alleged benefits of its toning shoes. The company had removed the ads but did not admit any wrongdoing. In the end, while ...
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News briefs
German shoe retailers saw their sales collaps by 29 percent...
German shoe retailers saw their sales collaps by 29 percent in March as compared with the very good same month of last year, according to the monthly census of the physical shoe stores conducted by the Institut für Handelsforschung. This contributed to reduce their sales for the first three months ...
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News briefs
Ruco Line has moved its Milan showroom to 27, via...
Ruco Line has moved its Milan showroom to 27, via Montenapoleone. The Italian shoe company has also established a Japanese sales subsidiary in the Namikidori section of Tokyo. The same building houses the third Japanese store of Ruco Line.
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News briefs
Sequential Brands recorded a loss of $21.5 million for the...
Sequential Brands recorded a loss of $21.5 million for the first quarter ended March 31, largely due to one-off charges related to its acquisitions of Heelys, Ellen Tracy and Caribbean Joe, which compares to a $400,000 loss in the same period last year. Excluding costs related to the acquisitions and ...
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News briefs
Richard Wharton, who has led the Office chain for 20...
Richard Wharton, who has led the Office chain for 20 years, was praised for his “outstanding contribution to the footwear industry” in Drapers' annual Footwear & Accessories Awards. He has acted as a consultant since 2006. Schuh, the British retail chain that is now owned by Genesco, beat Office, Aldo ...
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News briefs
Feng Tay's shoe production increased by 6.2 percent to 15.5...
Feng Tay's shoe production increased by 6.2 percent to 15.5 million in the first three months of this year, and it rose by an additional 4.2 percent in April, compared with the same periods a year ago. The Taiwan-based shoemaker saw its turnover rise by 3.5 percent to 36.8 billion ...
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News briefs
Dr. Martens has launched a custom-fitting service for its 1460...
Dr. Martens has launched a custom-fitting service for its 1460 boot and its 1461 shoe at its Carnaby Street store in London. Customers are invited to book a session to try a “fitting pair” and to choose from a wide variety of leathers and details. The final product would be ...
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Article
Yoox’ sales are up 21% but profit falls by 14%
Yoox Group posted net sales of €110.4 million in the first quarter, representing a 21.4 percent increase over the same period last year. Net profit fell by 14.1 percent to €1.1 million due to a 63.1 percent hike in investment costs for innovation and technology and the automation of the ...
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Article
Salvatore Ferragamo’s Q1 footwear sales rise by 8.2%
Salvatore Ferragamo booked a 7.8 percent increase in footwear sales in the first quarter of this year to €119.6 million. On a currency-neutral basis, they were up by 8.2 percent. Footwear remained Ferragamo's largest product category but its share of overall revenues slipped in the quarter to 42.4 percent from ...
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Short stops
The value of the shoe production by 5,000 “enterprise-scale“ manufacturers...
The value of the shoe production by 5,000 “enterprise-scale“ manufacturers in various parts of China increased year-on-year by 12.6% to $13.7 billion in the first two months of 2013, according to the China Leather Industry Association
